The sale of Cardiff Devils ice hockey club was completed this afternoon.

Steve King and his Canadian businessman consortium are now legally owners of the Elite League ice hockey club.

New Devils general manager Kelman has confirmed the takeover is complete, while former owner Paul Ragan says: "I am pleased to confirm that I have today successfully completed on the sale of the Cardiff Devils for an undisclosed sum.

"My congratulations and very best wishes to Todd Kelman and his business partners for the future.

"I have had the pleasure of working alongside Todd over the past four years at Elite League Board Level, and have always been extremely impressed with his professionalism and commitment to the sport.

"He is a great guy, and somebody who understands what is required to build a successful ice hockey cub at this level.

"I’m happy to say he’s a great friend too.

"There is little doubt this is a hugely exciting time for the Cardiff Devils and I am truly enthused and excited about the club getting back to really competing at the top of the Elite League again.

"For those who have got to know me over the past four years, I accept that I haven’t always made the best of decisions. That said, I’ve always remained true and loyal to the club, and have worked extremely hard and invested heavily to ensure that a professional club exists today, and one that is well positioned commercially to really kick-on!

"I must thank all Cardiff Devils' fans and sponsors. Without you guys, the club would not exist."

New owners King and Kelman will meet with Devils fans at the National Museum in Cardiff on Thursday evening.